An update from ... GlobexIn the case of the Russian Kid Gold Mine, to date, the scale of
production has not reached Globex's expectations but small royalty
checks based on a 5% Gross Royalty are received on a fairly regular
basis. Ongoing work at the mine site, as disclosed in recent Rocmec
press releases, should result in increased production and thus more
revenue for Globex.
https://www.earthtimes.org/articles/show/news_press_release,243834.shtml